TSMC Unveils Major U.S. Fab Expansion Plans: 3nm and $40 Billion by 2026

TSMC this week held its Arizona fab 'first tool-in' ceremony, where alongside celebrating its first US fab, the company also announced major expansion plans for the production facility. The world's largest foundry is set to invest tens of billions of dollars in the next phase of its Fab 21 near Phoenix, Arizona, to significantly expand its capacity and start production of chips on its N3 process technologies there by 2026. (by which point N3 will be a trailing-edge node)